Some cards offer
grocery rewards year - round, while others offer them on a rotating basis.
Not exact matches
We don't have the
grocery store you're talking about here... but we shop at a store called food lion, and they have a
reward card for coupons... ive had the card for
years and apparently some other family has another copy of the card — it seems they spend a ton on
groceries... then I go and buy just a little bit and get 6 billion coupons.
It is believed the ACCC's current investigation into petrol shopper dockets that
reward grocery shoppers at Coles or Woolworths with steep discounts at supermarket - owned petrol stations will resume by the end of the
year.
With the Blue Cash Preferred, you have the potential to earn at least $ 360 a
year in
rewards just for doing your regular
grocery shopping (if you spend at least $ 500 per month at U.S. supermarkets).
You can buy food and save all
year - round using a
grocery rewards card.
However, it does cap the amount of
rewards you can earn at $ 6,000 of
grocery spending each
year, or $ 360.
It would take approximately $ 17,000 + in annual spending to make up for this $ 116 deficit in value (assuming a $ 100 hotel stay, plus the $ 16 difference in annual fees),
year - to -
year - that is the point at which the 2.4 %
rewards rate of the SPG beats out the 1.5 % rate users get from gas station, restaurant, and
grocery spending.
The two cards that impose annual fees starting in the second
year have higher payouts in
year one for heavier
grocery store spenders because they offer more points per dollar (and the Capital One ® Venture ®
Rewards Credit Card has the highest bonus to qualifying new cardholders).
So, if you spend at least $ 3,167 per
year in
groceries, you will earn enough additional cash back
rewards to justify the current (2018) $ 95 annual fee for Preferred version.
One of the top
rewards credit cards, the Discover it offers 5 percent cash back
grocery, gas and Amazon.com purchases, plus a dollar - for - dollar match on your cash - back
rewards for the first
year.
With the Blue Cash Preferred, you have the potential to earn at least $ 360 a
year in
rewards just for doing your regular
grocery shopping (if you spend at least $ 500 per month at U.S. supermarkets).
Fast forward a few
years when children come into the picture, and a cash - back card offering a percentage back on
grocery store or pharmacy expenses may make more sense than racking up travel
rewards points.
Bonus categories rotate multiple times a
year, usually every quarter, earning high - rate
rewards on things like gas,
groceries, and restaurants.
For instance, if you manage to use the Everyday card frequently enough to earn the 20 percent bonus each month, we estimate that you only need to spend an additional $ 42 per
year on
groceries ($ 6,042 total) to beat the cash back
rewards on the Blue Cash Everyday card.
American Express, like most major card issuers, offers a wide variety of
reward credit cards — from cash back cards with no annual fees, to cards that earn extra points at
grocery stores to co-branded airline and hotel cards to upscale travel
reward cards that cost $ 450 a
year.
Something to note is that there is a limit of $ 25,000 /
year in the gas and
grocery categories that will earn the 4 %
rewards.
* For the sake of this article, I'll assume you're earning at least around 5,300 Membership
Rewards (worth about $ 95) a
year from dining,
groceries, gas, and other purchases to justify keeping the Premier
Rewards Gold Card, so that the focus is solely on whether or not to keep the additional Platinum Card.
Annual Fee: $ 195 ($ 0 the first
year) Reasons to Consider: $ 100 annual air travel credit, 1:1 point transfers, 3x points on air travel, 2x points on gas, dining, and
groceries The Amex Premier
Rewards Gold offers the same $ 100 air travel credit as the Pathfinder
Rewards, but you also get these benefits:
After you max out the 6 % bonus
rewards, you will earn 1 % on all remaining
grocery purchases for the rest of the
year.
You can already earn 1.5 membership
rewards points per dollar by using the Amex Everyday Preferred card (as long as you have 30 + transactions in a month) and there's no minimum spend requirement and there are bonus points to be earned for spending at
grocery stores and restaurants — not bad for a card that costs $ 95 /
year as opposed to the $ 450 /
year for the Platinum card.
Fast forward a few
years when children come into the picture, and a cash - back card offering a percentage back on
grocery store or pharmacy expenses may make more sense than racking up travel
rewards points.
After the card's first
year, the
rewards rate for gas and
grocery store purchases drops down to 2 percent cash back, which is still a significant amount.
Once you factor in the average consumer's spending of $ 15,900 on gas,
groceries and department stores each
year, you have the potential to earn $ 818 worth of
rewards in the first
year of card membership.
The American Express Blue Cash Preferred is one of the most generous cards for
grocery rewards, Ross says, offering 6 percent cash back at supermarkets (up to $ 6,000 a
year, then 1 percent), as well as 3 percent back at gas stations and department stores and 1 percent on everything else.
It's why his company — and others — offer greater
rewards year - round for the most common credit card purchases, such as gas,
groceries, dining, and travel.
Over the last
year 7 - Elevens and
grocery stores in my town have stopped accepting credit cards, which is a real pain since those are two of the most lucrative categories in which to manufacture spend, for example using Chase Ink cards for gas, the American Express Premier
Rewards Gold for
groceries, and US Bank Flexperks Travel cards for either.
Best credit card (s) for earning Delta SkyMiles: American Express Premier
Rewards Gold Card, which offers 3x points on airfare, 2x points on gas and
groceries, and 15,000 bonus points for any
year in which you spend $ 30,000 on the card.
Not only that, but if you do spend $ 6,000 at U.S. supermarkets throughout your first
year — what amounts to a pretty average $ 500 a month on
groceries — you would earn $ 360 in
rewards for those purchases alone.
The new American Express EveryDay and EveryDay Preferred cards also earn transferable Membership
Rewards points and, since the EveryDay Preferred card can earn 1.5 points for non-bonus category spending (along with 3 for gas and 6 for up to $ 6,000 of
groceries per
year), it is potentially the most lucrative single points card for those of us crazy people who live in the United States most of the
year and only travel a few weeks or months a
year.
By comparison, if you used your Blue Cash Preferred ® Card from American Express at U.S. supermarkets for nine months of the
year and a 5 % rotating category card during the three months when it offers a bonus on
groceries, your annual
grocery rewards would total a little over $ 430.
Cards with rotating 5 % cash - back categories — such as the Chase Freedom ® and the Discover it ® - Cashback Match ™ — often offer bonus
rewards on
groceries during at least one quarter of the
year, on up to $ 1,500 in spending per quarter.
U.S. Bank FlexPerks Travel
Rewards Visa Signature Card Current Sign - up Bonus: 20,000 FlexPoints with $ 2,000 spend in the first 5 months Annual Fee: $ 49 waived the first
year Other Benefits: Earn triple FlexPoints on qualifying charitable donations and double FlexPoints on the category you spend the most on (gas,
groceries or airline) and most cell phone expenses during each billing cycle.
Your total
grocery rewards for the
year will be $ 378: $ 360 for the first $ 6,000 at 6 %, plus $ 18 for the next $ 1,800 at 1 %.
Ryan and I use this card at
grocery stores since it earns 2 points per dollar on up to $ 6,000 a
year and a bonus 20 % Membership
Rewards on all purchases in a billing cycle when 20 or more purchases are made in that billing cycle.
Consider this: If you spend $ 100 a week on
groceries, that amounts to more than $ 150 in cash - back
rewards each
year at that 3 % rate.
Amazon's plan to
reward Prime members with additional savings was previously announced by the companies as one of the many integrations and perks following Amazon's $ 13.7 billion acquisition of the
grocery store chain this
year.